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Silver trims losses and rises above $59 as the US dollar softens

Silver bounced from $57.2 lows to trade just above $59.0, helped by a softer US dollar.

Reported · Written up by our desk · Precious Metals

Silver prices were firmer on Thursday, after trimming earlier losses and moving up to session highs just above $59.0 per ounce, according to FXStreet.

The update cited a rebound from $57.2 lows on Wednesday as the US dollar softened.

Sources

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